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Performance & reward mgt - Essay Example

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Performance management in an organization is the practice of ensuring effectiveness in the accomplishment of organizational goals in a consistent way. It seeks to maintain harmonious working in an organization. For example it is focused on ensuring that all its components, i.e…
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Download file to see previous pages It keeps the management aware of the importance of focusing on results rather than concentrating on whether the management or employees in an organization are busy. More over, it serves as a reminder of the fact that employee training, motivation and enthusiasm in the workplace are not sufficient for the accomplishment of organizational goals. In other words, Latham et al (2005) observes that results go beyond employee capacity and the level of satisfaction. They can be enthusiastic about their work, and the management may offer attractive packages that enhance satisfaction, but their output may not be satisfactory. This means that the organization may not be able to achieve the desired results.
In order for an organization to accomplish its goals, it is important for it to have several operations taking place, such as classifying and giving priority to results, establishing the performance standards and the manner through which results need to be realized. Evaluation of progress is important while focusing on the results and also reviewing the manner in which they were accomplished (Facteau and Bartholomew 2001). Organizations use results as a measure for evaluating the performance of the business. A literature review concerning performance management is important in generating a better understanding of the concept. This paper describes a personal experience of performance management and analysis using concepts drawn from performance management literature.
In many instances, organizational managers and overseers of organizational operations usually make a mistake of conceptualizing that the conduct of employees and the organizational operations are similar to the desired outcome. As Viswesvaran and Ones (2000) observe, employees within an organization may seem to be busy to a great extent, while in reality they do not add to the realization of organizational goals. Such cases are evident amongst employees ...Download file to see next pagesRead More
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